FTX Crypto Scam Involved Ukraine & Democrats In Money Laundering Scheme Says Internet

FTX Crypto Scam Involved Ukraine & Democrats In Money Laundering Scheme Says InternetShow more

Nov. 15, 2022

The Jimmy Dore Show

Oligarchism, Totalitarianism, Capitalism, Authoritarianism

Craig Pasta Jardula, joins, Jimmy Dore to discussion the issue.

Did you ever wonder where all those billions of dollars were going in Ukraine? Did you ever wonder why anyone was trusting the elites in US politics like the Bidens with billions in funds going to Ukraine?

Today it turns out that these were excellent questions.

We have information that the tens of billions of dollars going to Ukraine were actually laundered back to the United States, to corrupt politicians and the wealthy elites using FTX cryptocurrency. Now the money is gone and FTX is bankrupt.

Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during the Institute of International Finance (IIF) annual membership meeting in Washington, DC, US, on Thursday, Oct. 13, 2022. This year's conference theme is "The Search for Stability in an Era of Uncertainty, Realignment and Transformation."

Samuel Bankman-Fried, the founder of failed cryptocurrency exchange FTX, allegedly laundered billions of dollars through Ukraine by setting up his company as the central clearinghouse for all crypto donations to Kiev’s war effort, according to the Gateway Pundit. Democratic politicians sending aid to Ukraine would see their money come back in the form of donations through FTX, the outlet claimed.

FTX launched crypto donation platform Aid for Ukraine in March, setting itself up as the central clearing house for all cryptocurrency donations to Kiev’s war effort. While the exchange was supposed to route those donations to the National Bank of Ukraine, the report suggests it funneled at least some of the money back to the US through political donations. Bankman-Fried was the second-largest donor to the Democratic Party for the midterms, pouring some $38 million into candidates’ coffers in 2022 alone.

The Ukrainian government had already received over $60 million in crypto donations as of March. FTX did not publish the amounts subsequently taken in, but other fundraising campaigns on Kiev’s behalf have been hugely successful – Star Wars actor Mark Hammill raised enough funds to buy 500 drones in a single month, for example.

Whatever funds the exchange had under management have presumably evaporated with the rest of its assets due to an alleged hack last week, and the exchange filed for bankruptcy on Friday. The resulting chaos has sent crypto markets spiraling.

In addition to bankrolling political campaigns, Bankman-Fried spent millions lobbying to shape cryptocurrency regulations. Democrats responsible for overseeing the Commodity Futures Trading Commission were particular targets for his largesse, and he is now under investigation by that same agency for moving $10 billion in client assets off FTX to his hedge fund Alameda Research.

While Bankman-Fried’s private jet has been tracked to Argentina, the disgraced billionaire insisted on Saturday that he was still in the Bahamas.

JESSE WATTERS: This is bigger than Bernie Madoff, but unlike Bernie Madoff, who was getting rich off a Ponzi scheme, the Democratic Party was getting rich off of FTX. FTX came onto the scene in 2019, and it spent $10 million to put Joe Biden in the White House in 2020. And the guy running FTX, the second-biggest Democrat donor in the midterms after Soros, of course, spent $40 million to get Democrats elected.

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Original: https://youtu.be/cIONDwLxiac

https://www.thegatewaypundit.com/2022/11/breaking-exclusive-tens-billions-transferred-ukraine-using-ftx-crypto-currency-laundered-back-democrats-us/

https://dailytelegraph.co.nz/money/failed-crypto-exchange-ftx-was-a-ukraine-money-laundering-op-report/

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